EUR/USD -- March 24, 2026
NEUTRALEuro / US Dollar -- OTC / Interbank
How To Use This Archived Analysis
Use this page during review when you need a structured read on levels, event risk, and the specific mistakes this market snapshot could trigger for prop-firm traders.
What This Page Will Not Do
This analysis is not a trade signal and it does not know your live account state, size, or psychology. Use it as context and risk framing, not as an instruction to enter.
Summary
Monday morning. EUR/USD is trading at 1.0775 after a slightly better-than-expected German IFO report (88.3 vs 87.8). The euro got a small lift but the post-FOMC dollar strength is the dominant force. The pair is in a tight 1.0760-1.0800 range. US Flash PMI at 9:45 AM will be the next catalyst.
Trading Notes
German IFO beat is marginal. Not enough to reverse the post-FOMC trend.
US PMI at 9:45 AM is the key event. A strong reading will push the dollar higher and EUR/USD lower.
The 1.0760 support has been tested 4 times. Each test weakens it. A break is increasingly likely.
EUR/USD correlation with US 10Y yield is -0.85 this month. Watch yields for direction.
Prop Firm Warnings
Monday is a fresh start. Set clear rules: maximum 2 trades, maximum 1% risk per trade, stop trading after 2 consecutive losses.
EUR/USD is in a well-defined range. Respect the boundaries. Do not overtrade hoping for a breakout that may not come.
FTMO consistency rule: keep today's position size within 50% of your average size this challenge period.
Suggested Strategy
Wait for US PMI at 9:45 AM. If PMI is strong (above 52), short EUR/USD at 1.0780-1.0790 with a stop at 1.0815, targeting 1.0740. If PMI is weak (below 50), buy EUR/USD at 1.0760-1.0770 with a stop at 1.0735, targeting 1.0810.
News Impact
| Event | Impact | Time |
|---|---|---|
| German IFO Business Climate | medium | 4:00 AM ET |
| US Flash PMI | high | 9:45 AM ET |
Key Levels
| Level | Price |
|---|---|
| R1 | 1.0850 |
| R2 | 1.0825 |
| R3 | 1.0800 |
| PIVOT | 1.0780 |
| S1 | 1.0760 |
| S2 | 1.0740 |
| S3 | 1.0710 |
Risk Level
moderate
This analysis is AI-generated for educational purposes only. It is not financial advice. Always follow your prop firm's specific rules and consult with a qualified financial advisor before making trading decisions. Past performance does not guarantee future results.